Resources CFOs get shuffled

Resource explorers
Endocoal
and
Doray Minerals
have hired new finance chiefs this week.

Endocoal, an explorer with coal tenements in the Bowen Basin inland from Mackay and Rockhampton in north Queensland, has hired Norton Gold Fields’ financial controller Peter Edwards.

Doray Minerals, a gold explorer with discoveries in the Murchison region, north-west of Geraldton in Western Australia, has appointed Grant Dyker from another gold producer, Alacer Gold Corp, where he was CFO.

Mr Dyker spent four years at Alacer growing the company from a market capitalisation of $120 million to $1.2 billion.

Endocoal said Mr Edwards would be closely involved in negotiations with rail and port owners to get enough capacity to support output from future mining developments.

“Peter will be directly involved in the critical opportunities identification and evaluation activities now under way involving Endocoal’s corporate adviser Macquarie Capital," said chief executive officer Tim Hedley.

Mr Dyker was already employed by Doray to oversee the project financing of its Andy Well gold project. Before Alacer, Mr Dyker was previously CFO integration project at Mount Gibson Iron.